iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Sees Significant Decrease in Short Interest

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 6,900 shares, a decline of 57.4% from the November 30th total of 16,200 shares. Based on an average trading volume of 104,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently raised its position in iShares Paris-Aligned Climate MSCI USA ETF stock. Syntrinsic LLC raised its stake in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) by 112.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,478 shares of the company’s stock after acquiring an additional 14,028 shares during the quarter. iShares Paris-Aligned Climate MSCI USA ETF makes up 0.5% of Syntrinsic LLC’s portfolio, making the stock its 15th biggest position. Syntrinsic LLC owned 0.08% of iShares Paris-Aligned Climate MSCI USA ETF worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

iShares Paris-Aligned Climate MSCI USA ETF Stock Performance

NASDAQ:PABU opened at $66.90 on Friday. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 33.30 and a beta of -1.11. iShares Paris-Aligned Climate MSCI USA ETF has a one year low of $51.45 and a one year high of $67.63. The business’s 50-day simple moving average is $65.42 and its 200 day simple moving average is $62.53.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.2098 per share. This is a boost from iShares Paris-Aligned Climate MSCI USA ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Paris-Aligned Climate MSCI USA ETF Company Profile

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals.